LLP act was implemented from 1st of April 2009 in India. The enactment of the companies act, reinvigorated interest in the LLP structure. There is a high inquiry from both new businesses who intend to make an informed decision as to whether to set up themselves as a private limited company or as LLP or from the existing companies to explore the possibility and advantages of conversion into LLP. In this article we will talk about the different characteristics of LLP, LLP Taxation, etc.
Read More:- https://www.legalwiz.in/blog/understanding-the-concept-of-llp-and-its-tax-implications
